Stocks explode in liquidity in billion-dollar trading session, VN-Index returns to 1,300 point mark

Nearly a month and a half after President Trump's reciprocal tax decree caused the global and Vietnamese stock markets to fluctuate, the VN-Index has recovered strongly and returned to the 1,300-point mark. Foreign investors have disbursed strongly today.

Continuing the increase of more than 10 points from the previous session, the market recorded positive developments in the trading session on May 14 when VN-Index quickly regained its upward momentum after the early session's fluctuations and broke through an important psychological milestone. Investor sentiment was clearly improved thanks to large cash flows into large-cap stocks, especially market leaders. Although liquidity in the entire market decreased slightly in the morning session, large-cap stocks in particular increased sharply, showing the concentration of cash flows into stocks with high influence.

In the afternoon session, trading was more active and vibrant, with some large-cap stocks rising sharply, thereby expanding the green color of the indices. In particular, foreign demand played a key role in creating momentum, not only contributing to increasing liquidity but also supporting the index to maintain a positive trend. Divergence was still present in the group of small and medium-sized stocks, but did not create much pressure on the general trend.

At the end of the trading session on May 14, VN-Index increased by 16.3 points (1.26%) to 1,309.73 points. HNX-Index increased by 0.95 points (0.44%) to 218.88 points. UPCoM-Index increased by 0.34 points (0.36%) to 94.89 points.

Stocks with the strongest impact on VN-Index

Today's session had 426 stocks increasing while 322 stocks decreased. The whole market still recorded 35 stocks increasing to the ceiling while only 6 stocks decreased to the floor. The focus of the market was on pillar stocks, especially stocks in the VN30 group. VPB surprisingly was pulled up to the ceiling price with a ceiling price buy surplus of 1.76 million units. Today's session, VPB matched orders exceptionally nearly 95.6 million units and was net bought by foreign investors over 17.5 million units. This bank's shares have received the attention of investors in the past two days after announcing the organization of the VPBank K-Star Spark music festival bringing top K-pop artists to Vietnam, including G-Dragon - a famous artist from Korea who has never performed in Vietnam before.

Although hitting the ceiling, VPB is not the stock with the most positive impact on the VN-Index. Large-cap stocks including VCB, BID, VPL or FPT are the ones with the most positive impact. VCB increased by 3.35% and contributed 3.58 points. BID also increased strongly by 4.6% and contributed 2.63 points. VPL had its second ceiling session after its debut on the HoSE, climbing to VND91,400/share. FPT received very good demand from foreign investors today and increased by 5.7%.

Besides, stocks such as VJC, LPB, SSI, HDB... also increased in price well in today's session and contributed to consolidating the green color of the indices.

On the other hand, VHM, GVR, VRE, HVN… were stocks that negatively impacted the general market. VHM decreased by 2.58% and took away 1.57 points from the VN-Index. VRE and GVR decreased by 2.6% and 2.3% respectively.

Foreign investors disburse strongly in the session of May 14

Market liquidity improved with total trading value on HoSE reaching VND27,327 billion, up 14% compared to the previous session. Of which, order matching transactions accounted for VND22,785 billion, up 4.6%. Trading value on HoSE and HNX reached VND1,468 billion and VND777 billion, respectively. VPBank shares led in liquidity with trading value reaching VND1,756 billion, followed by FPT (VND1,492 billion).

Not only are liquidity vibrant, VPB and FPT are also the stocks with the strongest disbursement from foreign investors. Foreign investors increased their net buying by VND2,260 billion on HoSE in today's session. This is the second consecutive session of net buying by foreign investors.

Of which, this capital flow bought the most FPT code with 540 billion VND. VPB and MWG were net bought 322 billion VND and 285 billion VND respectively. The whole floor had 8 stocks that were net bought by foreign investors over 100 billion VND. On the contrary, MSN and VHM were net sold the most with a value of approximately 156 billion VND.

Source: https://baodautu.vn/chung-khoan-bung-no-thanh-khoan-trong-phien-giao-dich-ty-do-vn-index-tro-lai-moc-1300-diem-d283717.html